Updates/Latest News

[November 2024]  Travelers: 2024 Risk Index

[October 2024]  EU – Directive on liability for defective products and repealing Council Directive 85/374/EEC

[October 2024]  INDIA: KANAN KNITWEAR VS TATA AIG GENERAL INSURANCE CO.LTD. JUDGEMENT: Repudiation of claim due to non-disclosure of facts

[October 2024]  INDIA: NATIONAL CONSUMER DISPUTES REDRESSAL COMMISSION: CANARA BANK VS. M/S. SHREE SHAKTI FOAM: JUDGEMENT: Bank Cannot Be Held Liable For Lapse In Coverage Unless Explicitly Agreed

[September 2024]  IOD – A Handbook on Directors & Officers Liability Insurance – Gratitude

[July 2024]  STANDING COMMITTEE ON FINANCE(2023-2024) SEVENTEENTH LOK SABHAMINISTRY OF FINANCE(DEPARTMENT OF FINANCIAL SERVICES) PERFORMANCE REVIEW AND REGULATION OF INSURANCE SECTOR SIXTY SIXTH REPORT

[July 2024]  India: Supreme Court Judgement: SBI General Insurance Co. Ltd. Versus Krish Spinning( Civil Appeal No 7821 OF 2024 (Arising out of OF SLP (C) NO. 3792 OF 2024) (18th July, 2024) – Arbitration Issue

[July 2024]  USA: D&O Coverage denied for $118 Million DOJ Settlement Because of Professional Services Exclusion – Opinion of COURT OF APPEAL OF THE STATE OF CALIFORNIA, FIRST APPELLATE DISTRICT, DIVISION TWO

[June 2024]  India: Supreme Court Judgement: M/S Modern Insulators Ltd vs The Oriental Insurance Co. Ltd (Civil Appeal No.-006895-006895 – 1997) (22 February, 2000) – When insurer does not disclose any exclusion to the insured, it cannot enforce the same in the event of a claim.

[June 2024]  India: Supreme Court judgement: United India Insurance Co. Ltd. Versus M/s Hyundai Engineering & Construction Co. Ltd. & Ors. – Civil Appeal No. 1496 OF 2023(May 16,2024)